TCL a China-based global electronics brand announced its first smart integrated manufacturing industrial park in an overseas market here in Andhra Pradesh on Thursday which is supposed to commence manufacturing in the fourth quarter of 2019.
“The Tirupati unit will enable TCL to actively contribute towards the ‘Make in India’ initiative by generating substantial employment opportunities for the country’s young workforce, and will also fulfil the market demand for smart consumer electronics appliances in India,” the company said.
The primary facility of the industrial park is the panel module factory, which is the first overseas production unit of TCL’s panel subsidiary Shenzhen China Star Optoelectronics Technology Co., Ltd (CSOT).
The CSOT panel module factory will produce screens for TVs and mobile phones, with a designed production capacity of eight million 22-inch to 55-inch, large-sized TV screens and 30 million 3.5-inch to 8-inch, small-sized mobile screens per year, TCL said.
“India is a strategic market for TCL,” Tomson Li, Chairman and CEO of TCL Corporation, said in a statement.
“The project will strengthen our supply chain integration capabilities in India and in turn, will benefit our local consumers, providing them with superior quality products at a greater value,” he added.
The investment in the panel module factory in India marks the first step in CSOT’s overseas deployment.
However, TCL Electronics has not shared the amount which it would invest in the proposed unit. “Our partnership with the Andhra Pradesh government and the establishment of our Tirupati manufacturing unit would allow us to provide Indian consumers with innovative smart TVs driven by the latest cutting-edge QLED and AI technologies,” TCL India Country Manager Mike Chen said.
Upon completion, the project will help realise CSOT’s capabilities in smart manufacturing and product delivery on a global scale, providing services for customers and partners worldwide, the company added.
In order to support the CSOT panel module factory, TCL said its industrial park will also include a smart TV manufacturing facility to efficiently integrate the panel module and TV set production.
The smart TV manufacturing facility is designed to manufacture six million 32-inch to 65-inch TV sets per year.
“TCL’s smart integrated manufacturing project in Tirupati is of great significance to the industrial and economic development of Andhra Pradesh,” Andhra Pradesh Chief Minister N. Chandrababu Naidu said in a statement.
Source:NewsWorldIndia
Image Courtesy:HAO.TCL
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